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Property profile & analytics

Nec Spencer Hwy & Blvd Deer Park, TX 77536

  • Neighborhood centers
  • 14,600 SF
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Neighborhood centers

Property Details for 0 Nec Spencer Hwy & Blvd

Property size
14,600 SF
Property type
Neighborhood centers
Property subtype
Retail properties

Description

This exceptional 14,600 square foot retail strip center, located at the northeast corner of Spencer Highway and East Boulevard in Deer Park, Texas, presents a compelling investment opportunity. Situated on a generous 7.84-acre lot, the property boasts a prime location within a thriving commercial area, ensuring high visibility and accessibility. Currently, the center has 1,300 square feet of vacant space available, offering immediate potential for increased revenue generation. The property's multiple tenancy structure provides diversification and stability, making it an attractive option for investors seeking a strong return on investment. The property is classified as a retail strip center and is located in Harris County, Texas, with a zip code of 77536. Its strategic location at a major intersection ensures significant foot and vehicle traffic, maximizing exposure for tenants. The existing tenants benefit from a robust customer base drawn to the convenient location and ample parking. The 1,300 square feet of vacant space presents an opportunity to lease to complementary businesses, further enhancing the center's overall value and profitability. This property offers a rare combination of size, location, and potential, making it an ideal addition to any investment portfolio. The substantial lot size also allows for future expansion or redevelopment possibilities, providing additional long-term growth potential. This is a turnkey investment ready for immediate income generation and future appreciation.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Deer Park
County
Harris
State
Texas
Longitude
-95.1119
Latitude
29.679
More about this property
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